Question

In an under-developed economy, investment in research and development is ___________.

• A. low
• B. high
• C. moderate
• D. nothing can be said

Answer 1

The correct option is A low

In an under-developed economy, investment in research and development is low. Scope for investing in research and development is very low in underdeveloped economies.Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.